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Index Trends 11/5/03


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#1 Porter

Porter

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Posted 06 November 2003 - 11:22 AM

Monthly Trend Value 12 (running uptrend) Weekly Trend Value 9 (trending up) Daily Trend Value 5 (trending up) 45-min Trend Value -1 (mixed) Turtle Trend (LT) 4 (running uptrend) SPZ Trend ..........Q......M.....W.....D.....45' SPZ....U......U......U.....U......D Value..3......3......2......1.....-2 ------------ SHORT TERM TRENDS Opening Range Trend Daily--Neutral Weekly--Down Globex 45-min Trend Down 135-min Trend Down ------------------ Bollinger Band Trend 10-day Neutral 7-day Up ----------- Moving Average Trend Mason-Dixon (NDX 200H) Up Gator (SPX 13D+8) Up Mallory (NYA 49D) Up SB (SPX 75D) Up Chandelier Trend Zweig (MID5%) Up Stox (NazComp3%) Up Stox (NazComp9%) Up Junk (ML1%) Up --------------- Intermediate Momentum Indicators NY ITBM Up NY 10D NH% Up ND 10D DEAD Up ND BP RSI Neutral NY Vol McSum Up ND Vol McSum Up Comments Even though only the shortest term trends (45-min, 135-min Globex) are down, those trends need to be respected given the tentative nature of the Daily trend and the Momentum indicators. Most momentum indicators are Up but could easily switch to down on a down day. Porter